Off-Topic: Trapped by Negative Equity
(Kennebunkport Specific)
0 messages
Updated
Lakes Online Forum
84,091 messages
Updated 11/8/2024 10:28:12 AM
Lakes Online Forum
5,204 messages
Updated 9/14/2024 10:10:50 AM
(Kennebunkport Specific)
0 messages
Updated
Lakes Online Forum
4,172 messages
Updated 9/9/2024 5:04:44 PM
Lakes Online Forum
4,262 messages
Updated 11/6/2024 6:43:09 PM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Kennebunkport Photo Gallery





    
Welcome, Guest Select View Mode: [ classic | beta | recent ]
Name:   Osms The author of this post is registered as a member - Email Member
Subject:   Trapped by Negative Equity
Date:   5/25/2013 11:55:39 AM

Ric, it's interesting to see that ATL is buried in negative equity, but the lake area seems to be in good shape.  Guess the lake area didn't experience the crash, which is what Realtors have been saying all along. If houses are selling the day they hit the market, the pent up demand should see prices increasing soon.  Also, the unforeclosed, but heavily delinquent, mortgages held by banks might start hitting the market if the banks see they can salvage some lost value. Maybe there's hope after all.
Other messages in this thread:View Entire Thread
Trapped by Negative Equity - roswellric - 5/24/2013 7:02:03 PM
     Trapped by Negative Equity - MartiniMan - 5/25/2013 10:05:32 AM
          Trapped by Negative Equity - hibill - 5/25/2013 11:19:44 AM
     Trapped by Negative Equity - Osms - 5/25/2013 11:55:39 AM



Quick Links
Kennebunkport News
Kennebunkport Photos
Kennebunkport Videos




About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
Kennebunkport@USCoast.info
THE KENNEBUNKPORT WEBSITE

Copyright 2024, Coastal Town
Privacy    |    Legal